New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1887-06-07
finaurial.
PROPOSITIONS OF THE CENTRAL BAIL.
ROAD COMPANY OF NEwJEsoEY


PROPOSITIONS OF THE CENTRAL BAIL.
ROAD COMPANY OF NEwJEaaEY
srooKHoLDERs AND CERTAIN OF ITS CREDITORS
SALE OF ITS ONE HUNDRED YEAR FIVE PER
GENT GENERAL MORTGAGE GOLD BONDS.
Referring the circular Of tho Reorganrasn Committee
Of June 1887 and subject to it, terms and conditions the
following propositions made In connection therswithi
STOCKHOLDERS CENTRAL RAILROAD COMPANY
OF EEWJERSEY,
record Juno Is 1887 entitled until June 20 1885, To
subscribe to the bonds at par and accrued
extent OF 10 cent Of the value OF their shares
Payment will be duo in equal instalmenn July sno
August 1887 and be made prior thereto at inc opuon
OF the subscribers Tho right TO subscribe Transferable
upon the form prepared therefor.
ADJUSTMENT BONDHOLDERs CENTRAL RAIL
ROAD COMPANY OF NEwJERsEY.
entitled to subscribe the bonds at par and accrued
Interest paying therefor their old bonds at par and ac'
crucd interest Thus paying Of July 1887 $looo Al
justmcnt Bonds with all unpaid coupons attached for
81 OSl GO now bonds
All bonds not notified for exchangeon or before Juno 20
1887 will be payable cash at and accrued interest,"
July !. 1887
NEWARK AND NETWORK RAILROAD COMPANY
Bondhoders subscribe to the bends at par
and accrued nores paying therefor in their old bonds az
and accrued Interest thus as OF July l. 1887
$1,000 old bonds July 1887 coupon attached. for
81 O,5 now bonds
All bonds notified exchange before June 2'.
1887 will be PAYABLE cash. at aud accrued interest,"
July l, 1897
GUARANTEE CAR TRUST
certificate holders entitled to subscribe to the new
bonds and accrued interest paying therefor in ther
certificate par and accruei interest thus paying a. OF
July 1887 $1,000 Trust certificates for sloo new
bonds.
All notified for exchange or before Juno
25 1887 will he payable in cash at par and accrued interest
July l. 1887.
CENTRAL RAILROAD COMPANY OF NEwJERSEY
CAR TRUST
certificate holders ent toi TO subscribe to tho new
bonds accrued interest therefor In their
certificates par and accrued interest thus paying as Of
July 1887 $1,000 Trust certificates for slolo new
bonds
All certificates notified for exchange on or before
June IS 1887 will be In cash at and accrued H.
tercst july J. 1887.
NETWORK AND LONG BRANCH RAILROAD co.
stockholders onoi TO subscribe to the now bonds AZ
par and interest paying therefor in their sharcs
par aud vtcni thus paying as ofJuy 1887 at
the rate Of 100 shares for slO.l75 new bonds
All notified for exchange on OF before June 20
1887 will be payable cash at and accrued dividend
r"i~t tssI
SOUTH BRANCH RAILROADcO
nockhoders are subscribe to the new bonds at
par Interest, paying therefor in their shares at
par and accrued dividend thus yns as OF July l. 1881 AZ
the rate of 100 shares for SlO.l50 new bonds
All stock notified tor exchange or before June 2'
1897 Will be payable cash and accrued dividend
July l. 1891
CONSOLIDATED BONDHoLDERs CENTRAL RAIL
ROAD COMPANY OF NEwJERsEY,
entitled to subscribe TO the new bonds at par and nc
psyDg therefor In their old bonds at ITO per
cent interest thus paying. as Of July l. 1871
81 with all unpaid coupons attached
for 81 1877 80 bonds FOR tho convenience OF foreign
bondoders their right to subscribe Will extend 10 anu IN
olude July 49, 1881 and their subscriptions VIII be received
bonds exchanged by Messrs Brown shipey Co.
London.
CONVERTIBLE BoNDuoLDERs, CENTRAL RAIL
ROAD COMPANY OF NEw-JERsEY.
arc entitled to subscribe to the new bonds at par
and accrued piying therefor in their old
bonds 10 per cent and accrued interest," inns
pairing Of July l. 1887 $1,000 Convertible bonds
with all unpaid coupons attached for slls 50 new bonds
tho o. foreign bondholdcrs Their rlght 10
subscribe will extend ncluio uy - 1897 aai their
Will he received ant their bonds exon @nsed ny
Me,srs Brown. shipey & Co., London
pEnENrURE BoSpHoLDERs CENTRAL RAILROAD
COMPANY OF NEwJERSEY
are snti; to boais at par anu accrued
Interest, paving their old bonds at los per cent
paying OF July 1891 $1,000 Deben urc Donds
with unpaid coupon, attached for $1,000 no" bonds For
ia, foreign bonhoicrs their rght TO sub
scribe will and include July l5 1857 ana thor
will be received and their bonds Exchanged by
Messf, Brown. snipeT & Co.. London
IL
SEw.JERsEY SOUTHERN RAILROAD co.
boudodefs arc entitled to the bonds at
bar and accrued interest paying therefor In their bonds AT
par and interest thus paying as OF July 1851
81 900 old bonds July l. 1851 coupons attached Tor
$1,000 bonds.
LONG BRANCH AND sEAsHORE RAILROAD CO.
bondAoiers arc entitled subscribe 20 the new bonds NJ
par nd accrued Interest paying therefor In their bonds AZ
los and accrued interest thus paying As Of July l. 1857
Al 900 old bond. for 1853 - bonds
To avail Of terms prop,scl written notice must DO
gwen upon the form. PREPARED.
Comics Of The circular OF the Reorganization COMMITTED
OF June Sd 1857 copies OF these proportions with forms
for exchange o. bonds and assignment OF tShs
may lie obt nrd upon application at tho Office oil tho Com
many llg Liberty ST. and at the Central trust Company
Trustee. Newiors
To determine tho Stockholders cnutoi 10 suosorioe tho
stock transfer books will closed from Wednesday June
18Th. to Saturday. June 25th. 1851 inclusive
All the above described privileges Of subscription except
where expire tho 18th day OF june les
at 5 O'Clock p IN.
BY order OF the Board OF Directors.
Central Railroad Company Of Ne--Jersey.
JRoGERs MAXWELL
A.. vorL Inn. "A 1897 President
The undersigned have eyam ned the above proposals ''
REORGANIZATION OF the Central Railroad Co"pay